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Mountain Protocol to Mongolian Tugrik Converter and calculator

Convert 1Mountain Protocol (USDM) to Mongolian Tugrik (MNT) equals ₮ 3,394.91 | Bitget
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Last updated 2024/12/21 03:31:53 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Mountain Protocol(USDM) to Mongolian Tugrik(MNT). This is the real-time data. The current conversion shows 1 USDM at a value of 1 USDM for 3,394.91 MNT . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

MNT information

About Mongolian Tugrik (MNT)

The Mongolian Tugrik (MNT), introduced in 1925, is more than just the official currency of Mongolia; it represents the country's rich cultural heritage and its journey through economic transitions. It is commonly abbreviated as MNT and represented by the symbol ₮. As Mongolia navigated its path from a Soviet-style economy to a market-oriented system, the Tugrik has played a pivotal role in the nation's socio-economic development.

Historical Background

The introduction of the Tugrik was a significant step in Mongolia's early years as an independent nation, symbolizing its move away from the Chinese and Russian currencies that had previously circulated. The Tugrik's establishment was part of Mongolia's broader efforts to assert its national sovereignty and economic independence.

Design and Symbolism

The design of the Mongolian Tugrik reflects the country's deep historical roots and nomadic culture. Banknotes and coins feature images of historic Mongolian leaders like Genghis Khan and Damdin Sükhbaatar, along with traditional symbols and motifs that celebrate Mongolia's rich history and cultural identity. These designs are not merely for financial transactions; they are imbued with national pride.

Economic Role

The Tugrik plays a crucial role in Mongolia’s economy, characterized by its mining sector, agriculture, and growing service industry. As the primary medium of exchange, it facilitates domestic trade and is vital for everyday economic activities, from urban centers to rural nomadic communities.

Monetary Policy and Inflation

Managed by the Bank of Mongolia, the Tugrik has faced challenges like inflation and currency devaluation, particularly during times of economic uncertainty. The bank's monetary policies aim to stabilize the Tugrik, which is crucial for maintaining economic confidence and fostering investment.

International Trade and the Mongolian Tugrik

The Tugrik’s exchange rate plays a significant role in international trade, particularly for Mongolia's key exports like copper, coal, and cashmere. A stable Tugrik is important for maintaining competitive export prices and fostering a favorable trade balance.

Remittances and the Economy

Remittances from Mongolians working abroad, primarily in South Korea and Japan, are a vital source of foreign income. These remittances, converted into Tugriks, support many families and contribute to the national economy.

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Bitget crypto-to-fiat exchange data shows that the most popular Mountain Protocol currency pair is the USDM to MNT, with for Mountain Protocol's currency code being USDM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MNT.

USDM to MNT conversion rate trend

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Live Mountain Protocol (USDM) price chart
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In the past 1D, Mountain Protocol has changed -0.02% to MNT. Based on the trend and price charts, Mountain Protocol(USDM) has changed -0.02% to MNT while Mongolian Tugrik(MNT) has changed +0.02% to USDM in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₮3,394.9
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/21 00:31:58(UTC+0)

How to buy Mountain Protocol

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Buy Mountain Protocol (USDM)
Use a variety of payment options to buy Mountain Protocol on Bitget. We'll show you how.

Buy USDM (or USDT) for MNT (Mongolian Tugrik) offers

Bitget P2P trading does not currently support direct buying of USDM with MNT. However, you can buy USDT in Bitget P2P trading first, and then buy USDM with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell USDM (or USDT) for MNT (Mongolian Tugrik) offers

Bitget P2P trading currently does not support direct selling of USDM to MNT. However, you can first exchange USDM for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
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What factors influence the conversion rate of Mountain Protocol to Mongolian Tugrik?

Mountain Protocol to Mongolian Tugrik is falling this week.
Mountain Protocol's current market price is ₮ 3,394.91 per USDM, with a total market cap of ₮ 0 MNT based on a circulating supply of -- USDM. The trading volume of Mountain Protocol has changed by -25.32% (₮ -1,659,819,312.58 MNT) in the last 24 hours. Last trading day, USDM's trading volume was ₮ 6,555,549,768.68.
Market cap
$0
24h volume
$1.44M
Circulating supply
0 USDM

Conversion tables

The exchange rate of Mountain Protocol is decreasing.
1 USDM is currently valued at ₮ 3,394.91 MNT , which means buying 5 USDM will cost ₮ 16,974.55 MNT . Similarly, ₮1 MNT can be traded for 0.0002946 USDM, and ₮50 MNT can be converted to 0.01473 USDM, excluding any platform or gas fees.
The exchange rate of 1 USDM to Mongolian Tugrik has changed by -0.07% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.02%, reaching a high of 3,409.64 MNT and a low of 3,381.07 MNT . One month ago, the value of 1 USDM was ₮ 3,398.63 MNT , which represents a -0.11% change from its current value. Over the last year, Mountain Protocol has changed by
-
4.18MNT
, resulting in a change of -0.12% in its value.

USDM to MNT

Amount
03:31 am today
0.5 USDM
1,697.45
1 USDM
3,394.91
5 USDM
16,974.55
10 USDM
33,949.09
50 USDM
169,745.46
100 USDM
339,490.93
500 USDM
1,697,454.64
1000 USDM
3,394,909.28

MNT to USDM

Amount03:31 am today
0.5MNT0.0001473  USDM
1MNT0.0002946  USDM
5MNT0.001473  USDM
10MNT0.002946  USDM
50MNT0.01473  USDM
100MNT0.02946  USDM
500MNT0.1473  USDM
1000MNT0.2946  USDM

Today vs. 24 hours ago

Amount03:31 am today24 hours ago24h change
0.5 USDM$0.4995$0.4996
-0.02%
1 USDM$0.9991$0.9993
-0.02%
5 USDM$5$5
-0.02%
10 USDM$9.99$9.99
-0.02%
50 USDM$49.95$49.96
-0.02%
100 USDM$99.91$99.93
-0.02%
500 USDM$499.55$499.64
-0.02%
1000 USDM$999.09$999.27
-0.02%

Today vs. 1 month ago

Amount03:31 am today1 month ago1M change
0.5 USDM$0.4995$0.5001
-0.11%
1 USDM$0.9991$1
-0.11%
5 USDM$5$5
-0.11%
10 USDM$9.99$10
-0.11%
50 USDM$49.95$50.01
-0.11%
100 USDM$99.91$100.02
-0.11%
500 USDM$499.55$500.09
-0.11%
1000 USDM$999.09$1,000.19
-0.11%

Today vs. 1 year ago

Amount03:31 am today1 year ago1Y change
0.5 USDM$0.4995$0.5002
-0.12%
1 USDM$0.9991$1
-0.12%
5 USDM$5$5
-0.12%
10 USDM$9.99$10
-0.12%
50 USDM$49.95$50.02
-0.12%
100 USDM$99.91$100.03
-0.12%
500 USDM$499.55$500.16
-0.12%
1000 USDM$999.09$1,000.32
-0.12%

Mountain Protocol price prediction

What will the price of USDM be in 2025?

Based on USDM's historical price performance prediction model, the price of USDM is projected to reach $1.59 in 2025.

What will the price of USDM be in 2030?

In 2030, the USDM price is expected to change by -8.00%. By the end of 2030, the USDM price is projected to reach $1.43, with a cumulative ROI of +42.96%.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.